- The shares of Delta Air Lines, Inc. (NYSE: DAL) have received a $50 price target from Wolfe Research. These are the details.
The shares of Delta Air Lines, Inc. (NYSE: DAL) have received a $50 price target from Wolfe Research. And Wolfe Research analyst Scott Group assumed coverage on Delta Air Lines with an “Outperform” rating.
Group pointed out that Delta Air Lines is among their favorite stock among the legacy airlines “with the most capacity discipline and thus best margins and EPS among the three.”
The $50 target price is based on a blended average of a 9x target P/E and a 7x EV/EBITDAR multiple.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.